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Schroders agrees £9.9bn takeover by US investor, ending 200 years of family ownership

todayFebruary 12, 2026

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British asset management group’s deal with Nuveen will create one of world’s biggest fund managers

Schroders has agreed a £9.9bn takeover by a US investor, ending two centuries of family ownership of the historic British asset management group.

Chicago-based Nuveen will buy the City firm, it said on Thursday, in a deal that will create one of the world’s biggest fund managers, controlling about $2.5tn (£1.8tn) of assets.

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Source: www.theguardian.com

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Written by: truelightfm

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